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What amount should mario include as net cash provided

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Reference no: EM133155664

Question - Mario Corp had the following account balances for 2019:

 

31-Dec

1-Jan

Accounts Payable

100,800

87,300

Prepaid Rent Expense

36,900

55,800

Accounts Receivable (net)

126,000

99,900

Mario's 2019 profit is P675,000. What amount should Mario include as net cash provided by operating activities in its 2019 statement of cash flows?

Reference no: EM133155664

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